QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Nov-23 18:14 CT

Price Action

• Last: 590.07,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 637.01,
• 4. Pvt. Next: Pvt low 590.07,
• 5. Levels R: 637.01, 590.07, 540.03,
• 6. Levels S: 513.95, 495.08, 422.67.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 590.07 Down Trend,
• (Intermediate-Term) 10 Week: 591.68 Down Trend,
• (Long-Term) 20 Week: 540.03 Up Trend,
• (Long-Term) 55 Week: 497.84 Up Trend,
• (Long-Term) 100 Week: 448.88 Up Trend,
• (Long-Term) 200 Week: 411.61 Up Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ weekly chart shows a recent sharp pullback from all-time highs, with the last price at 590.07 following a fast, large-bar momentum move down from the recent swing high at 637.01. Short-term swing pivots and moving averages have shifted to a downtrend, indicating a bearish short-term environment. However, intermediate and long-term trends remain bullish, supported by higher swing lows and all major long-term moving averages trending upward. Key resistance levels are at 637.01 and 590.07, while support is found at 513.95 and 495.08, with a major structural support at 422.67. The market is currently in a corrective phase within a broader uptrend, suggesting a period of consolidation or retracement after an extended rally. Volatility has increased, and the price is testing key support zones, which could define the next directional move. The overall structure remains constructive for bulls on a longer horizon, but short-term traders should note the prevailing downside momentum and potential for further retracement before stabilization or a renewed advance.